Kosta Ouzas says most trading bot reviews are fake: they test on tiny accounts ($1,000–$11,000) with systems that don't understand real market structure or risk. These bots fail catastrophically when you scale up because constraints change and drawdowns compound.
If you spend any time online, you'll see endless reviews of bots being tested with $1,000, sometimes 10,000, and the results look exciting on the surface. But those tests don't actually tell you anything meaningful. Most of these bots are mechanical and they're not even truly algorithmic. They follow fixed rules without understanding market structure, volatility or risk at scale. And because of that they're not designed to be trusted with serious money. Take a look at these guys. They're testing and reviewing these bots that they have no idea what are the engines behind them. And this is why they're only using $1,000 or $11,000 because they don' trust them with more money. And I wouldn't either. A system that works on a small account can fail catastrophically when capital increases because the constraints completely change. And if you have no idea what the constraints are and how the system was built, how can you trust it with large amounts of money? Drawdowns matter, risk compounds.
